_____________________________________________________________________________

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

________________________________

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report: April 16, 2008

__________________________________

HSBC USA INC.

(Exact name of registrant as specified in its charter)

Commission File Number 1-7436

	Maryland		13-2764867
	(State or other jurisdiction of incorporation)		(IRS Employer Identification Number)
	452 Fifth Avenue New York, New York		10018
	(Address of principal executive offices)		(Zip Code)

Registrant's telephone number, including area code (716) 841-2424

		Not Applicable
	(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01

Other Events.

HSBC USA Inc. has entered into an Underwriting Agreement with HSBC Securities (USA) Inc. to issue and sell to the Underwriters $1,500,000,000 principal amount of Floating Rate Extendible Notes (the “Notes”).

The offering of the Notes is registered as part of a Registration Statement on Form S-3 (No. 333-133007), which was filed on April 5, 2006. The document filed with this Current Report on Form 8-K under Item 9.01 is being filed as an exhibit to that registration statement.

Item 9.01

Financial Statements and Exhibits.

(d)

Exhibits.

Exhibit No.		Description
25.3		Form T-1 Statement of Eligibility of Wells Fargo Bank, National Association

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

HSBC USA INC.

By:

/s/ Patrick D. Schwartz

Patrick D. Schwartz

Senior Vice President

and Secretary

Dated: April 16, 2008

Exhibit Index

Exhibit No.		Description
25.3		Form T-1 Statement of Eligibility of Wells Fargo Bank, National Association